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Old-Fashiioned, Home style restaurant

New Richmond, Wisconsin (Saint Croix County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price $1,250,000 Inventory $15,000** 
Gross Income $772,000 Real Estate $950,000* 
Cash Flow Not Disclosed Year Established 2006
FF&E $150,000* Employees 6FT/24PT

* included in the asking price

** not included in the asking price

Menu of Old-fashioned, home style cooking where friends and family gather for made from scratch pie, coffee or a business lunch. Banquets, rehearsal dinners, parties, catering. Newly built 4,200 sq ft restaurant. Great visibility and direct access w/parking. Restaurant has 2 separate dining areas. One which can be converted into a very nice bar area. Also, great patio area with seating for 50-60 people at rear of restaurant over looking wildlife area. Restaurant seats 175.

Facilities: 4,200 sq ft, seats 175 .83 acres

Competition: Very good. St. Croix County is one of the top growing areas in all of Wisconsin. Located just south of Highway 64 and 65, north of New Richmond.

Growth/Expansion: Catering would be a natural add on. Current owners do not have the time to develop this area of the business. Also, adding a bar area would add a whole new venue for the business. Currently only beer and wine license with 12% of sales.

Seller Financing Available: Yes

Financing: Possible terms to qualified buyer

Support/Training: 30 days for new owners

Reason Selling: Family reasons - small children

Business For Sale By

Jerry Vlaminck

763-972-9077

Hospitality Services Corp.

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